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Block 448 Bukit Panjang Ring Road

4 Room · 5 Room · Built 1997 · 70 years remaining lease · Updated Mar 2026 MOP Cleared

Block 448 Bukit Panjang Ring Road has 18 recorded HDB resale transactions since 2017. Latest sale: $508,000 (Mar 2026, 4 room, floors 04–06). Median $4,010/sqm. Prices up 19.5% over the past five years. Built 1997, 70 years lease remaining.

Latest Sale
$508,000
Mar 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,010
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +19.5%
Median price change
Median Price ?
Top 74%
#247 / 335 Top 74%
Latest Sale ?
Top 80%
#267 / 335 Top 80%
Value ($/sqm) ?
Top 85%
#285 / 335 Top 85%
5-Year Growth ?
Top 93%
#226 / 243 Top 93%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3.6%/yr
vs
Lease Decay
−0.34%/yr
Growth assumption
Based on this block’s +19.5% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 70 years remaining 99 years
70 years 4 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bukit Panjang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,000 typically $2,850–$3,200 6.3% Bukit Panjang avg · block too thin
5-Room $3,250 typically $3,100–$3,450 5.5% Bukit Panjang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 04 TO 06 4 ROOM 101 sqm $508,000 $5,030
Mar 2026 10 TO 12 5 ROOM 119 sqm $668,000 $5,613
Jan 2026 10 TO 12 5 ROOM 120 sqm $668,000 $5,567
Feb 2025 04 TO 06 5 ROOM 120 sqm $618,000 $5,150
Oct 2024 07 TO 09 4 ROOM 101 sqm $533,000 $5,277
Jun 2024 01 TO 03 5 ROOM 120 sqm $565,000 $4,708
May 2024 04 TO 06 5 ROOM 121 sqm $612,000 $5,058
Apr 2024 13 TO 15 5 ROOM 120 sqm $640,000 $5,333
Sep 2021 10 TO 12 4 ROOM 101 sqm $425,000 $4,208
Jul 2019 04 TO 06 4 ROOM 101 sqm $325,000 $3,218
May 2019 01 TO 03 4 ROOM 102 sqm $330,000 $3,235
May 2019 04 TO 06 4 ROOM 101 sqm $340,000 $3,366
Apr 2019 04 TO 06 4 ROOM 101 sqm $330,000 $3,267
Sep 2018 04 TO 06 5 ROOM 120 sqm $408,000 $3,400
May 2018 01 TO 03 4 ROOM 101 sqm $336,000 $3,327
May 2018 13 TO 15 4 ROOM 101 sqm $385,000 $3,812
Sep 2017 01 TO 03 4 ROOM 102 sqm $322,000 $3,157
Jun 2017 10 TO 12 5 ROOM 120 sqm $423,000 $3,525
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 448 Bukit Panjang Ring Road

Block 448 at Bukit Panjang Ring Road is a residential HDB block in Bukit Panjang, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $322,000 to $668,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $508,000 in 2026-03. The current median price per square metre is $4,010. Over the past five years, resale prices at this block have increased by approximately 19.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9110, with an annual lease decay rate of approximately 0.34%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 448 Bukit Panjang Ring Road worth?

The most recent resale transaction at Block 448 Bukit Panjang Ring Road was $508,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,010, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 448 Bukit Panjang Ring Road?

Block 448 Bukit Panjang Ring Road was built in 1997 and has approximately 70 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 448 Bukit Panjang Ring Road?

Block 448 Bukit Panjang Ring Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $322,000 to $668,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 448 Bukit Panjang Ring Road gone up or down?

Resale prices at Block 448 Bukit Panjang Ring Road have increased by approximately 19.5% over the past five years. The current median price is $424,000, with the most recent sale at $508,000 in 2026-03.

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